Overview
Offered for sale is a medical specialist providing equipment in a niche market with the potential to supply existing products into other markets.
The company works with local authorities, the NHS, and public sector organisations to provide medical equipment.
Priding itself on its reliability, the business produces the majority of its own equipment. Alongside this, the business utilises dual suppliers for many of its other products and holds a high amount of stock as a buffer to ensure that the company can mitigate changes in the supply chain.
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Having built an excellent reputation for delivering innovative solutions, the company continues to retain numerous large contracts due to its specialist knowledge and long-standing client relationships.
Our clients are now offering the company for sale to facilitate retirement plans.
Offers invited.
Key Highlights
– Works with local authorities, councils, and NHS England, across the UK and Europe.
– A variety of frameworks in place, which provide ongoing streams of reliable revenue.
– Has gained numerous accreditations, including ISO 9001 and ISO 14001, and is an approved MHRA wholesale dealer.
– Operates from warehousing, assembly, and office leasehold premises.
– Highly proficient team of sales operatives, warehouse operatives, and packers in place, who require minimal oversight from the directors.
– Significant scope to supply many of the company’s products to other medical sectors, such as the vaccine market.
Financial Highlights
– YE23 turnover in excess of £3.5m.
– EBITDA of £453k achieved within the same year.
– Gross profit margin of 22%.
– YE24 projections indicate a turnover of circa £4m.
– Over 80% of the sales value is with clients who have ongoing contracts.
– Has recently retained most of its large contracts for the next three-to-five years.
– Receives significant prepayments to supply products. Current prepayment stands at £326k.
– Asset register worth circa £150k included in the sale.
